The educational requisites necessary to land a skilled labor position can range from a two-week certification to 10+ years of specialized collegiate education. The educational requisites necessary to ...

A split labor market is where one group is routinely paid less or excluded based on race, sex, political loyalties or ethnicity. Split labor markets exist in many parts of the world and have existed ...

Discover what labor costs encompass, their categories—direct and indirect—and why they matter in pricing strategies to maintain profitability.

The market has changed drastically for skilled and unskilled laborers. There is a growing demand for skills, particularly specialized skills. As a result, the United States has seen a greater demand ...

Healthcare reform and a somewhat stagnating recession are forcing hospital and health system CFOs to keep their budgets as tidy as possible. However, executives may be reluctant to dip into their ...

Touch labor refers to the hands-on aspects of production or the technical aspects of an organization's tasks or services. You can directly trace touch labor costs to a product. It is usually at the ...